Newly Established Healthcare Services Company Seeking Loan in Port Louis, Mauritius

Funeral company with management team having 25+ years of experience is looking to expand.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 170 thousand
EBITDA Margin
14 %
Industries
Locations
Local Time
11:10 PM Mauritius
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 130 thousand for 15.0% annual interest, 5 years (Native Currency: MUR 5,000,000)
Reason: Require loan to expand our structure and manage our existing projects. We would also be looking to o... View More
Collateral Available: USD 130 thousand
Includes physical assets worth USD 17 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Business Overview

- Promoter and associates have 25+ years of experience in the funeral services field.

- Registered funeral company based in Mauritius with license to operate in accordance with Mauritian law for the administration of a funeral home.

- Company is registered as an SME with the Ministry of Industrial Development, SMEs and Cooperatives and holds a certificate for data protection and management with the Data Protection Office.

- We have a target to generate MUR 6.5 million during this year of operation and provide 325 funeral services throughout the year.

- At present we are providing around 3 to 4 funeral services on a monthly basis.

- Have partnered with a well-established local insurance company in order to promote their life insurance products. We will later be introducing a funeral scheme contract under our name.

- Currently we are operating only within Mauritius but are aiming diversify our client base and business exposure across Africa, Europe, and Asia in the upcoming years.

- In the future we aim to operate at a more competitive price, and will be able to achieve this goal by manufacturing funeral products (Coffin and Urn) in-house, and by following a strict operating costs control.

- Company's physical assets include a vehicle and funeral equipment and tools.

Products & Services Overview

Funeral director services, embalming services, mortician services, refrigeration services, visitation or viewing services, repatriation services, graveside committal services, direct cremation services, selling funeral merchandise, transporting the deceased, electronic presentation and projection of photos and films of the deceased, remembrance products, funeral plan schemes.

Facilities Overview
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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